In European Equity Markets stocks rose on Tuesday, helped by some encouraging company results, but French stocksfell after earnings at BNP Paribas disappointed and election jitters weighed on the country’s sovereign bonds. The pan-European STOXX 600 index rose 0.3 percent, while the French blue chip CAC index fell 0.5 percent, bringing losses so far this year to more than 2 percent. French banks fell after BNP reported results below forecasts, while the country’s bond yields spiked on concerns that the far right could win France’s presidential vote and take it out of the European Union. Oil major BP fell 4.1 percent after the company missed estimates. Peer Statoil also fell 3.1 percent after a disappointing set of results.

In Currency Markets the dollar climbed to a more than one-week high on Tuesday as it gained for a fifth straight session, bolstered by technical buying after recent losses, as well as political uncertainty in Europe with a slew of elections this year. In morning trade, the dollar index rose 0.6 percent to 100.53, recovering from its worst January performance since 1987. It also gained 0.6 percent against the yen to 112.39. The dollar’s gains accelerated after China reported its foreign exchange reserves unexpectedly fell below the $3 trillion level in January for the first time in nearly six years. The euro fell 0.7 percent to $1.0677, on pace for its worst daily performance in about three weeks.

In Commodities Markets oil prices fell on Tuesday, pressured by sluggish demand and evidence of a burgeoning revival in U.S. shale production that could complicate efforts by OPEC and other producers to reduce a supply glut. Benchmark Brent crude was down 80 cents at $54.92 a barrel. U.S. crude was 96 cents lower at $52.05 after closing down 82 cents on Monday. Gasoline futures fell 1.77 percent to $1.4837 a gallon. Spot gold was down 0.4 percent at $1,230.60 per ounce. Among other precious metals, silver fell 0.5 percent to $17.65. Earlier in the session, it reached $17.76, its strongest since Nov. 11. Platinum shed 0.8 percent to $1,002.75. Palladium fell 0.7 percent to $767.

In US Equity Markets stocks were higher in later morning trading on Tuesday, with the Dow Jones Industrial Average and the Nasdaq Composite hitting record levels and the S&P 500 coming within spitting distance of yet another all-time high. The Dow Jones industrial average rose 0.4 percent, at 20,133.19. The S&P 500 was up 0.23 percent, at 2,297.9 and the Nasdaq Composite was up 0.41 percent, at 5,686.51. Centene rose 5.3 percent following better-than-expected quarterly revenue and profit. General Motors lost 4.5 percent after the automaker said fourth-quarter net income fell partly because of $500 million in foreign exchange losses. Twenty-First Century Fox fell 1.9 percent after its quarterly revenue missed Wall Street expectations.

In Bond Markets U.S. Treasury yields hit their lowest in more than two weeks before turning higher in early North American trading on Tuesday as investors sold bonds ahead of auctions for 3-, 10- and 30-year Treasuries this week. Benchmark 10-year Treasury notes were down 4/32 in price to yield 2.43 percent. The France’s 10-year bond yield down 4 basis points on the day at 1.10 percent, and the gap to German equivalents narrowing to 73 bps.